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RE: The Glaring Problem of LeoFinance

in LeoFinance4 years ago

Just as Bitcoin heads towards a trend of centralization, so too does the audience of LeoFinance flock towards the central figures of the community.

The problem you describe here is people gravitating to the content of the central figures? Yet it sounds like you're talking about the distribution of rewards based on the info you provide further down in your post. That said there are reports that show how the top accounts are voting, there's data to support that the distribution is decent. I mean it can always be better right, but many of the largest stake holders make real efforts to distribute votes among a wide range of authors and there's data to support this.

It's actually one of the strengths of this platform! If we think back to steemit in 2017/2018 and all the bid bot circle jerking that was going on, the distribution here on LeoFinance is night and day.

Keep it fun, keeping making content and engaging and stick with it, I think you'll do great. The fact that your English is good and you care so much is already going to separate you from the pack! I would say get to it now, once ProjectBlank is in full force I have a feeling the competition for rewards will be a lot tougher than it is now ;)

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Thank you for your words of encouragement. Remind me to send Trumpman some LEO for helping bring in thoughtful and loquacious people like you here :P

Yes, you described it perfectly; People tend to gravitate toward those with the glittering crown, understandably so. Not trying to downplay the generous efforts of those with the crown, though. their efforts are never in vain when it comes to encouraging the creation of content and onboarding new recruits, but they can only do so much. It is rather the pattern of dissemination of those people that serves as a barrier to the spark of a discussion in newbies' posts, or to bringing forth concerns, problems to address, thoughts on a matter of much debate or bringing to light anything that might be of interest to the greater public. All of which are the newbies' focal element when making a post. Curator's picks serve to bring to the surface those kind of posts, but how effective are they in doing so? How many diamond in the rough have slipped through the cracks? Evidently, many things are in order to relieve this divide.

Do you think it's possible a similar situation to Steemit could take place? There's a degree of self-voting, but do you think we'll see a rise in bots in, say, three or five years from now? Because That can form quite the impediment towards new recruits, it becomes essential to incentivizing the creation of content.

Appreciate you dropping in, man!

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